Cathedral Energy Services Ltd
TSX:CET
Income Statement
Earnings Waterfall
Cathedral Energy Services Ltd
Revenue
|
545.3m
CAD
|
Cost of Revenue
|
-440m
CAD
|
Gross Profit
|
105.3m
CAD
|
Operating Expenses
|
-71.5m
CAD
|
Operating Income
|
33.9m
CAD
|
Other Expenses
|
-23.2m
CAD
|
Net Income
|
10.6m
CAD
|
Income Statement
Cathedral Energy Services Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
225
N/A
|
239
+6%
|
250
+5%
|
267
+7%
|
275
+3%
|
258
-6%
|
230
-11%
|
184
-20%
|
106
-42%
|
75
-29%
|
60
-20%
|
48
-20%
|
81
+69%
|
100
+24%
|
120
+20%
|
137
+14%
|
147
+8%
|
149
+1%
|
150
+0%
|
156
+4%
|
161
+3%
|
158
-2%
|
155
-2%
|
144
-7%
|
120
-17%
|
102
-15%
|
79
-23%
|
52
-33%
|
41
-23%
|
33
-20%
|
31
-5%
|
46
+49%
|
63
+35%
|
86
+37%
|
106
+24%
|
194
+83%
|
319
+65%
|
392
+23%
|
479
+22%
|
517
+8%
|
545
+6%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(192)
|
(205)
|
(215)
|
(229)
|
(235)
|
(222)
|
(203)
|
(171)
|
(103)
|
(75)
|
(59)
|
(47)
|
(75)
|
(91)
|
(107)
|
(121)
|
(132)
|
(137)
|
(142)
|
(148)
|
(155)
|
(157)
|
(154)
|
(147)
|
(128)
|
(110)
|
(88)
|
(64)
|
(51)
|
(41)
|
(40)
|
(51)
|
(65)
|
(81)
|
(97)
|
(163)
|
(248)
|
(325)
|
(397)
|
(426)
|
(440)
|
|
Gross Profit |
32
N/A
|
33
+2%
|
34
+4%
|
39
+13%
|
40
+3%
|
36
-11%
|
27
-23%
|
14
-50%
|
4
-75%
|
0
-91%
|
1
+283%
|
1
+16%
|
6
+314%
|
10
+74%
|
13
+34%
|
15
+21%
|
16
+1%
|
12
-22%
|
8
-35%
|
8
+3%
|
6
-33%
|
1
-80%
|
1
+20%
|
(3)
N/A
|
(8)
-148%
|
(8)
-3%
|
(9)
-18%
|
(12)
-23%
|
(10)
+12%
|
(9)
+14%
|
(9)
-1%
|
(4)
+51%
|
(2)
+46%
|
5
N/A
|
9
+78%
|
31
+253%
|
71
+128%
|
67
-6%
|
82
+24%
|
91
+11%
|
105
+16%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(25)
|
(25)
|
(25)
|
(25)
|
(25)
|
(24)
|
(23)
|
(21)
|
(18)
|
(16)
|
(15)
|
(14)
|
(15)
|
(15)
|
(15)
|
(16)
|
(16)
|
(16)
|
(17)
|
(16)
|
(18)
|
(18)
|
(18)
|
(17)
|
(16)
|
(15)
|
(13)
|
(12)
|
(10)
|
(9)
|
(9)
|
(9)
|
(10)
|
(11)
|
(13)
|
(24)
|
(33)
|
(46)
|
(57)
|
(64)
|
(71)
|
|
Selling, General & Administrative |
(24)
|
(25)
|
(25)
|
(25)
|
(25)
|
(24)
|
(23)
|
(21)
|
(17)
|
(16)
|
(15)
|
(14)
|
(15)
|
(15)
|
(15)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(18)
|
(17)
|
(17)
|
(16)
|
(15)
|
(14)
|
(13)
|
(11)
|
(9)
|
(8)
|
(8)
|
(8)
|
(10)
|
(11)
|
(12)
|
(20)
|
(29)
|
(42)
|
(51)
|
(54)
|
(57)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
(0)
|
(1)
|
(2)
|
|
Depreciation & Amortization |
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(4)
|
(3)
|
(5)
|
(6)
|
(5)
|
(8)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(5)
|
|
Operating Income |
8
N/A
|
8
+3%
|
9
+15%
|
13
+47%
|
15
+13%
|
11
-25%
|
5
-60%
|
(7)
N/A
|
(14)
-93%
|
(16)
-13%
|
(14)
+13%
|
(13)
+9%
|
(10)
+23%
|
(5)
+47%
|
(3)
+51%
|
(1)
+64%
|
(0)
+89%
|
(4)
-4 000%
|
(9)
-109%
|
(8)
+10%
|
(13)
-64%
|
(17)
-37%
|
(16)
+5%
|
(20)
-25%
|
(24)
-18%
|
(23)
+5%
|
(23)
+1%
|
(24)
-3%
|
(20)
+15%
|
(17)
+14%
|
(18)
-2%
|
(13)
+27%
|
(13)
+2%
|
(6)
+49%
|
(4)
+37%
|
7
N/A
|
38
+441%
|
21
-46%
|
25
+24%
|
27
+7%
|
34
+25%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(3)
|
(4)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(6)
|
(2)
|
(3)
|
(1)
|
(1)
|
(3)
|
(2)
|
0
|
1
|
0
|
(1)
|
(1)
|
(3)
|
(2)
|
(1)
|
(2)
|
(0)
|
(3)
|
(2)
|
(2)
|
(0)
|
3
|
2
|
1
|
(1)
|
(1)
|
(3)
|
(6)
|
(8)
|
(10)
|
(10)
|
(9)
|
(8)
|
|
Non-Reccuring Items |
(3)
|
(3)
|
(3)
|
(9)
|
3
|
4
|
3
|
(2)
|
(1)
|
9
|
5
|
11
|
10
|
0
|
5
|
6
|
(1)
|
(0)
|
1
|
2
|
9
|
9
|
7
|
4
|
6
|
(3)
|
(3)
|
(4)
|
(5)
|
1
|
0
|
1
|
5
|
3
|
5
|
5
|
(7)
|
11
|
14
|
10
|
(6)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(4)
|
(4)
|
(4)
|
(4)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
1
N/A
|
1
+8%
|
3
+140%
|
1
-82%
|
15
+2 785%
|
11
-25%
|
4
-65%
|
(15)
N/A
|
(25)
-69%
|
(13)
+47%
|
(15)
-17%
|
(7)
+56%
|
(1)
+90%
|
(8)
-1 009%
|
1
N/A
|
5
+466%
|
(0)
N/A
|
(4)
-903%
|
(8)
-106%
|
(6)
+22%
|
(6)
+5%
|
(10)
-65%
|
(11)
-7%
|
(19)
-71%
|
(19)
-1%
|
(29)
-57%
|
(28)
+4%
|
(29)
-1%
|
(25)
+11%
|
(13)
+47%
|
(15)
-14%
|
(11)
+30%
|
(9)
+19%
|
(4)
+50%
|
(2)
+53%
|
6
N/A
|
23
+264%
|
22
-5%
|
30
+37%
|
28
-6%
|
20
-29%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(3)
|
(2)
|
(4)
|
(3)
|
(5)
|
(4)
|
(12)
|
(8)
|
(4)
|
(4)
|
8
|
7
|
3
|
2
|
(1)
|
(1)
|
1
|
2
|
3
|
3
|
(11)
|
(11)
|
(13)
|
(12)
|
(1)
|
1
|
2
|
1
|
(2)
|
(4)
|
(4)
|
(3)
|
0
|
0
|
1
|
1
|
(5)
|
(5)
|
(8)
|
(9)
|
(10)
|
|
Income from Continuing Operations |
(2)
|
(1)
|
(1)
|
(3)
|
10
|
7
|
(8)
|
(23)
|
(29)
|
(17)
|
(8)
|
(0)
|
3
|
(6)
|
0
|
4
|
0
|
(2)
|
(5)
|
(4)
|
(17)
|
(21)
|
(24)
|
(31)
|
(19)
|
(28)
|
(27)
|
(27)
|
(28)
|
(17)
|
(19)
|
(14)
|
(9)
|
(4)
|
(1)
|
7
|
18
|
17
|
22
|
19
|
11
|
|
Net Income (Common) |
(2)
N/A
|
(1)
+25%
|
(1)
+49%
|
(3)
-364%
|
10
N/A
|
7
-31%
|
(8)
N/A
|
(23)
-175%
|
(35)
-53%
|
(25)
+29%
|
(17)
+33%
|
(10)
+41%
|
(6)
+41%
|
(13)
-122%
|
(6)
+55%
|
(2)
+68%
|
0
N/A
|
(2)
N/A
|
(5)
-122%
|
(4)
+24%
|
(17)
-362%
|
(21)
-23%
|
(24)
-14%
|
(31)
-30%
|
(19)
+38%
|
(28)
-47%
|
(27)
+5%
|
(27)
-3%
|
(28)
-1%
|
(17)
+38%
|
(19)
-12%
|
(14)
+28%
|
(9)
+38%
|
(4)
+50%
|
(1)
+70%
|
7
N/A
|
18
+163%
|
17
-8%
|
22
+31%
|
19
-14%
|
11
-44%
|
|
EPS (Diluted) |
-0.04
N/A
|
-0.03
+25%
|
-0.01
+67%
|
-0.07
-600%
|
0.28
N/A
|
0.2
-29%
|
-0.23
N/A
|
-0.63
-174%
|
-0.97
-54%
|
-0.68
+30%
|
-0.45
+34%
|
-0.27
+40%
|
-0.15
+44%
|
-0.3
-100%
|
-0.11
+63%
|
-0.03
+73%
|
0
N/A
|
-0.04
N/A
|
-0.09
-125%
|
-0.07
+22%
|
-0.35
-400%
|
-0.42
-20%
|
-0.48
-14%
|
-0.62
-29%
|
-0.39
+37%
|
-0.56
-44%
|
-0.53
+5%
|
-0.55
-4%
|
-0.56
-2%
|
-0.35
+38%
|
-0.35
N/A
|
-0.18
+49%
|
-0.13
+28%
|
-0.04
+69%
|
-0.01
+75%
|
0.03
N/A
|
0.11
+267%
|
0.07
-36%
|
0.1
+43%
|
0.08
-20%
|
0.04
-50%
|